Common use of Subsequently Acquired Collateral Clause in Contracts

Subsequently Acquired Collateral. If the Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Collateral at any time or from time to time after the date hereof, such Collateral shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1 hereof and, furthermore, the Pledgor will within 10 Business Days after any senior or financial officer of the Pledgor or any of its material Subsidiaries obtains knowledge of the acquisition of any additional Collateral (and in any event no later than 90 days after the date on which any such additional Collateral was acquired), take (or cause to be taken) all action with respect to such Collateral in accordance with the procedures set forth in Section 3.2 hereof, and will promptly thereafter deliver to the Pledgee (i) a certificate executed by an authorized officer of the Pledgor describing such Collateral and certifying that the same has been duly pledged in favor of the Pledgee (for the benefit of the Secured Creditors) hereunder and (ii) supplements to Annexes A through C hereto as are necessary to cause such annexes to be complete and accurate at such time.

Subsequently Acquired Collateral. If the any Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Collateral at any time or from time to time after the date hereof, such Collateral shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1 hereof and, furthermore, the such Pledgor will within 10 Business Days after any senior (except in the case of Equity Interests in a De Minimis Subsidiary or financial officer of the Pledgor or any of its material Subsidiaries obtains knowledge of the acquisition of any additional Collateral (and in any event no later than 90 days after the date on which any such additional Collateral was acquired), a De Minimis Healthcare JV) thereafter take (or cause to be taken) all action (as promptly as practicable and, in any event, within 30 days after it obtains such Collateral) with respect to such Collateral in accordance with the procedures set forth in Section 3.2 hereof, and will promptly thereafter deliver to the Pledgee (i) a certificate executed by an authorized officer of the such Pledgor describing such Collateral and certifying that the same has been duly pledged in favor of the Pledgee (for the benefit of the Secured Creditors) hereunder and (ii) supplements to Annexes A through C E hereto as are necessary to cause such annexes Annexes to be complete and accurate at such time.

Subsequently Acquired Collateral. If the any Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Collateral at any time or from time to time after the date hereof, such Collateral shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1 hereof and, furthermore, the such Pledgor will within 10 Business Days after any senior or financial officer of the Pledgor Borrower or any of its material Subsidiaries obtains knowledge of the acquisition of any additional Collateral (and in any event no later than 90 days after the date on which any such additional Collateral was acquired), ) take (or cause to be taken) all action with respect to such Collateral in accordance with the procedures set forth in Section 3.2 hereof, and will promptly thereafter deliver to the Pledgee (i) a certificate executed by an authorized officer of the such Pledgor describing such Collateral and certifying that the same has been duly pledged in favor of the Pledgee (for the benefit of the Secured Creditors) hereunder and (ii) supplements to Annexes A through C G hereto as are necessary to cause such annexes to be complete and accurate at such time. Notwithstanding the foregoing, no Pledgor shall be required to pledge hereunder the Equity Interests of any Exempted Foreign Entity.

Subsequently Acquired Collateral. If the Pledgor shall acquire (by purchase, stock dividend, distribution or otherwise) any additional Collateral at any time or from time to time after the date hereof, (i) such Collateral shall automatically (and without any further action being required to be taken) be subject to the pledge and security interests created pursuant to Section 3.1 hereof andhereof, furthermore, (ii) the Pledgor will within 10 Business Days after any senior or financial officer of the Pledgor or any of its material Subsidiaries obtains knowledge of the acquisition of any additional Collateral (and in any event no later than 90 days after the date on which any such additional Collateral was acquired), thereafter take (or cause to be taken) all action (as promptly as practicable and, in any event, within 10 Business Days (or such longer period if consented to by the Pledgee in writing in its sole discretion) after it obtains such Collateral) with respect to such Collateral in accordance with the procedures set forth in Section 3.2 hereof, and (iii) the Pledgor will promptly thereafter deliver to the Pledgee (ix) a certificate executed by an authorized officer of the Pledgor describing such Collateral and certifying that the same has been duly pledged in favor of the Pledgee (for the benefit of the Secured Creditors) hereunder and (iiy) supplements to Annexes Annex A through C hereto as are necessary to cause such annexes Annex to be complete and accurate at such time.